XVG up +60.86%, BTC -0.52%, Zilliqa is The Coin of The Day – Daily Market Update for Jul 05, 2023 | CoinCodex

XVG up +60.86%, BTC -0.52%, Zilliqa is The Coin of The Day - Daily Market Update for Jul 05, 2023

Key highlights:

  • The total cryptocurrency market cap decreased from $ 1.23T to $ 1.22T in the past 24 hours, representing a -0.54% change
  • The Bitcoin price at press time is $ 30,811 after falling by -0.52% in the last 24 hours
  • The total crypto trading volume decreased by -0.54% in the past 24 hours, and is currently at $ 282.85B
  • All prices and changes are presented at the time of publication: July 5, 2023, at 06:00 UTC

Market Overview

The total cryptocurrency market cap is currently $ 1.22T after a -0.54% decrease on the day. The total crypto trading volume declined by -0.54% in the same time frame.

Bitcoin is trading at $ 30,811 after seeing a -0.52% loss in the last 24 hours. The Bitcoin dominance fell by -0.06% and BTC currently represents 49.01% of the cryptocurrency market.

Top Coins By Market Cap

At press time, Bitcoin has a market capitalization of $ 598.21B after losing -0.52% in the last 24 hours. According to our forecast, the value of Bitcoin will raise by 0.29% and reach $ 30,900 by July 10, 2023. To learn more about how the price of Bitcoin could change over the next 7 days, visit our Bitcoin price prediction page.

Ethereum, which is the second-largest cryptocurrency by market cap, is priced at $ 1,935.86 and has a market capitalization of $ 233.13B. ETH decreased by -0.88% in the last 24 hours. If you’re interested in where the price of Ethereum could head next, check out the Ethereum price prediction.

There were also some changes today in the ranking among the top 10 biggest coins by market cap.

  • Solana, which was previously ranked 8, is ranked at 7.
  • Litecoin, which was previously ranked 7, is ranked at 8.

Bears Dominate the Market Today

The bears dominated the market today as 87% of coins lost value in the last 24 hours.

Today’s Top Gainers are Verge, Storj, and Siacoin

Thanks to a 60.86% price increase, Verge was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Storj came in second place, with 24-hour gains of 41.92%. Siacoin, Decred and Zilliqa complete today’s list of the top cryptocurrency gainers.

Today’s Top Losers are Celo, Compound, and eCash

Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Celo, which saw a loss of -10.78%. Compound also didn’t perform well, as its price declined by -7.70% in the last 24 hours. eCash, Bitcoin SV and Qtum round out today’s top 5 worst performers.

Coin of the Day is Zilliqa

Thanks to its impressive 10.27% performance, Zilliqa is today’s coin of the day! Zilliqa is currently trading at $ 0.023902. Learn more about Zilliqa and its position in the market on our Zilliqa price prediction page.

Our technical indicators show that the current Zilliqa sentiment is Neutral.

Buy/Sell Zilliqa

Source: https://coincodex.com/article/29524/daily-market-update-for-july-05-2023/